NPCIL Seeks Offers for Small Nuclear Reactors to Replace Coal Plants

03 Jan 2025 CW Team

The Nuclear Power Corporation of India Limited (NPCIL) has invited industry proposals to establish 220 MW Bharat Small Reactors (BSRs) for captive use, aiming to replace coal-fired thermal power plants in steel, aluminum, copper, and cement industries. The BSRs are 220 MW Pressurized Heavy Water Reactors (PHWR) known for their excellent safety record and performance, designed to be compact and suited for industrial use. NPCIL’s statement emphasised that BSRs offer a sustainable solution for decarbonising industries that are difficult to electrify. They will also help industries reduce carbon emission-related taxes, enhancing their competitiveness in global markets. The government plans to deploy 40-50 such reactors over the next decade in collaboration with the private sector. This initiative is part of the 220 MW BSR program announced in the 2024-25 Union Budget by Finance Minister Nirmala Sitharaman. BSRs are a type of Small Modular Reactors (SMRs), a new class of nuclear reactors that can be built in specialised factories and assembled on-site. (ET)

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..